Peter Lashmar
Free
Tax Accountant Expert
Peter Lashmar Quick Facts
- Main Areas
- Tax, Accountancy, Business Development
- Career Focus
- Business owner
Peter Lashmar qualified as a Chartered Accountant in 1975 having trained in the City. He then worked for Price Waterhouse for a number of years, including a secondment to South Africa. Peter then became a partner in a national chartered accountancy firm, until 1991, when he set up his own tax accountancy practice.
Peter has had a life long love of sailing and is now involved with the British Marine Federation through Lashmars Tax Accountants as a tax adviser.
His passion is to help businesses and private clients minimise their tax bills in any way that is legitimate, simple and straight forward.
Articles by this expert
SelfGrowth articles and saved writing connected to this expert.
Article
Small Businesses will benefit from extended red tape freeze
New Forest accountant, Peter Lashmar of Lashmars Tax Accountants in Lymington, Hampshire, explains how the recent announcement by Business Minister Michael Fallon will help small businesses. The Government has announced that the moratorium exempting businesses with fewer than 10 employees from new regulations will now be extended to firms with up to 50 staff, and will continue beyond 2014. Businesses will also be exempted from new regulations if there is any evidence that they will result in disproportionate burdens that could impede growth.
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Family tax planning: did you know...?
If you are part of a family business, you may be interested to learn that there are many tax dynamics that are specific to your situation. This means that family business tax planning often needs to be treated in a different way to non family business tax planning. For example, many family businesses choose to operate as a company, whilst others choose the partnership business model instead. Both models are liable to tax in different ways. Therefore, family business tax planning is vital to ensure you don’t give more money to the tax man than is strictly necessary.
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New government rules for self assessment tax returns are even tougher on late submitters
People who miss the deadline to submit their self assessment tax return now face harsh new financial penalties as the exchequer attempts to accumulate as much money as possible in order neutralise the deficit. Those who complete paper self assessment tax returns that are received by the Inland Revenue after the 31st of October 2011, will be hit with a fine of a hundred pounds, even if no income tax is chargeable. However, people filing self assessment tax returns online have a stay of execution until January 31st 2012 to declare their earnings to the government.
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Tough new rules in force for people who fail to file their self assessment tax return by the deadline
Workers who fail to file their self assessment tax return on time will face tough new penalties as the government tries to scrape together every penny it can find to pay off the country’s budget deficit. Senders of paper self assessment tax returns received by HMRC after the October 31st 2011 deadline can expect an instant £100 fine, whether income tax is due or not. However, people who file their self assessment tax return online have until January 31st 2012 to get their paperwork in order.
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Favorite Quotes & Thoughts from Peter Lashmar
"Increase your profits and personal wealthy ... by paying less tax" - Peter Lashmar
"Your aim should be to pay as little tax as is legally permissible!" - Peter Lashmar